Should you Stay OR Should You Go?

In my latest Blog-posts I dicussed the “criteria” part of decision making and as 1 example, I mentioned the option to move and find a new office. Therefore we´ll set criteria to widen our options and find more vacancies than just 2 offices spaces and when it comes to deciding we start eliminating the options.

In the latest INC. Magazine there´s an article on page 54 with the title “Should you Stay or Should You go?” Mabbly, a fast growing Chicago-based Digital Marketing Agency had to face this challenge! Their challenge and big QUESTION was: “to move – or not?” ….. this year in February.

Mabbly is a growing company and needs to consider moving the whole team!

Their criteria-list for a potential office in an industrial building included the old rule LOCATION – LOCATION – LOCATION and added the aspect of the new hires by Talent – Talent – Talent. The next most important criteria to consider was SPACE – SPACE – SPACE. The average square footage needed per person in the U.S. is currently around 150-175, according to CoreNet. This figure dropped from 225 square footage due to working efficiently, connected to the collaboration aspect.

The big challenge here is to keep the future growth in mind. If you rent a (bigger) office, remember that you sign a contract for some years! Think of renting some extra space (on a second floor) to sublease in case your biz will grow faster than you can figure out by today, that will allow room for expansion, short-termly.

There are quite a few alternatives to consider when looking at the uncertainties.

Germany demands 8 -10 square meter for a single office and 12-15 qm per person in a large office for a team. Info by the IG Metall Union, for further info please read more: Arbeits-PLATZ

Please leave a comment if you can add another criteria to obey which you were facing yourself when moving the team & office, thanks!